What is the name of your state? Texas
Hello, this is my first time posting here and im looking for some information. I am about to finish an 18 month lease coming up and my apartment complex is offering much higher rates for new lease or month to month flexibility if I want to stay.
I have been paying $871 a month for the 18 month lease. They want to raise it to $1205 for a 6 or 12 month lease or $1350 for month-to-month. My friend lived at the same complex a few years before i moved in and the complex was under different ownership. I recall that when his lease was ending, his rent was going to be raised as well, but it was capped at a 10% increase. This was stated on his lease renewal paper years ago. Maybe my memory is blurred or sugarcoated in my favor but does anyone know where i might be able to find city specific information regarding rent control or anything that might help?
Thanks for any help!
Hello, this is my first time posting here and im looking for some information. I am about to finish an 18 month lease coming up and my apartment complex is offering much higher rates for new lease or month to month flexibility if I want to stay.
I have been paying $871 a month for the 18 month lease. They want to raise it to $1205 for a 6 or 12 month lease or $1350 for month-to-month. My friend lived at the same complex a few years before i moved in and the complex was under different ownership. I recall that when his lease was ending, his rent was going to be raised as well, but it was capped at a 10% increase. This was stated on his lease renewal paper years ago. Maybe my memory is blurred or sugarcoated in my favor but does anyone know where i might be able to find city specific information regarding rent control or anything that might help?
Thanks for any help!